What is the package they offer?
9 replies (most recent on top)
It is minimum 35%+ labor cut, FY26 or FY27, it definitely happen with AI fast rising, huge office job gone, not just Cisco.
@kc that his/her butt dialing numbers..
What I heard is 4500 will have to go before the end of May, another 8000 will be in the August.
You are past due for a visit to your Otolaryngologist (ENT)
Or worse, to your psychiatrist, in case you are hearing voices. (rampant health problem around here, everyone hears something
@bf if true will help CSCO stock to back to $88 by April ?
What I heard is 4500 will have to go before the end of May, another 8000 will be in the August.
Says the guy who said we were to be laid off this mornjng
@OP did you study abroad by any chance ?
This must happen in India otherwise the maths show it is impossible
33M =cost of restructuring mentioned in their Q2 call
33000000/11000=3272.72727273 severance package per individual
You guys are colossal failures and abdication from common sense logic.
Say Anonymous without details